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VIDEO: 60 Minutes challenges Chevron on Ecuador oil mess

Chevron, America's third largest company, may be asked to pay up to $27 billion in damages in a lawsuit arising from oil-drilling related pollution in an Ecuadorian portion of the Amazon rain forest. The damage is the result of 23 years of oil extraction by Texaco, which Chevron bought in 2001, and Petroecuador, the national oil company. A suit was first filed in 1993 in a federal court in New York and, for nine years, the oil company fought for the trial to be held in Ecuador. In a textbook example of "be careful what you wish for," Texaco ... Read more →

What are some advanced battery basics for beginners? Domenick Yoney

Electric cars have been with us since the very beginning of the automobile age and from that time until now, its most important component has been the battery. It stores energy chemically until it ...

Chevron drains battery planned for Mercedes ML 450 hybrid, Mercedes sues Domenick Yoney

var digg_url = 'http://digg.com/environment/Chevron_subsidiary_cancels_contract_for_hybrid_batteries'; Plans for Mercedes to release the ML 450 hybrid in 2009 may very well be canceled. The maker ...

Report: GM to purchase Cobasys Jeremy Korzeniewski

While the issue of the nine-thousand recalled batteries from Cobasys remains a bit murky, General Motors may be inclined to just purchase the troubled battery-maker altogether. While we're not ...

Chevron doubles $pending in $earch of new oil in Africa Jeremy Korzeniewski

Chevron, one of the largest oil companies in the world, will double the amount of money it spends in search of more oil. Over the next five years, Chevron will spend about $20 billion in Africa alone, ...

Chevron: Roughly 10% of Americans "hate us and our industry" 2 years ago on Autoblog Green

According to Helen Clark, Chevron Corp.'s manager of corporate brand and reputation, roughly 10 percent of Americans "hate us and our industry and there's nothing we can do to change their minds." The reason, according to Peter Beutel, president of oil commodities consultant Cameron Hanover, is ...

Chevron and Weyerhaeuser to team up on biofuel development 2 years ago on Autoblog Green

Chevron and Weyerhaeuser are teaming up to try and commercialize cellulosic biofuel production. They will be investigating a variety of non-food cellulosic feedstocks such as wood chips for conversion to fuels. Weyerhaeuser is a forest products company that produces lumber and engineered wood ...

Anybody want to buy a battery company? Cobasys is for sale! 2 years ago on Autoblog Green

Just a day after announcing that they would be supplying nickel metal hydride batteries for the upcoming Chevy Malibu hybrid, Cobasys is now up for sale. Cobasys is jointly owned by Energy Conversion Devices and Chevron Technology Ventures. Cobasys also has a partnership with A123 to develop ...

Chevron moving into biodiesel production 2 years ago on Autoblog Green

Oil giant Chevron has invested in a new 20-million gallon per year / 75.7 million litre per year soybean oil biodiesel production plant in Galveston, Texas. Plans are already underway however to increase production initially to 60 million gallons and then 110 million gallons over the next year. ...

Fuel-cell vehicles will tote guests for Schwarzenegger's inauguration 2 years ago on Autoblog Green

When Arnold Schwarzenegger ousted Gray Davis for the governorship during a 2003 recall election, he didn't have much of an inauguration. Economic times were more humble then, and the wealthy movie star apparently didn't want to show off. Not this time. After handily winning last November, ...

Chevron energy solutions prepares proposal for high-efficiency ethanol plants for Ethanex Energy 3 years ago on Autoblog Green

The big oil companies are continuing to expand their involvement in promoting and producing corn ethanol in the United States. Yesterday the Chevron Energy Solutions unit of Chevron revealed that it is going to begin working with Ethanex Energy, Inc. to develop highly efficient ethanol ...

Analyzing the Gulf oil discovery 3 years ago on Autoblog Green

A handful of you have spoken out about the details and implications of Chevron and Devon's huge oil field discovery in the Gulf of Mexico. To add to the discussion, here's an article on the matter that Energy Bulletin posted which was written by Randy Kirk, a senior financial analyst at an ...

New domestic oil field could provide billions of barrels 3 years ago on Autoblog Green

The New York Times reported that a group of companies led by Chevron announced that an oil field in the deepest regions of the Gulf of Mexico could potentially yield 6 billion barrels of oil. Located just 270 miles southwest of New Orleans and 20,000 feet below the bottom of the Gulf, the oil well ...

Chevron officially gets into biodiesel and ethanol 3 years ago on Autoblog Green

Some days (like yesterday) hydrogen seems to dominate the news, other days it's all about Texas (like today). As Chevron was helping to open a new large-scale biodiesel plant in Galveston, the company also announced the company will "advance technology and pursue commercial opportunities related to ...

Chevron may get into ethanol production business 3 years ago on Autoblog Green

With the price of ethanol more than doubling in the past year, it's time for the big energy players to get into the game. The LA Times has a story out today about Chevron Corp. thinking about building plants and making its own ethanol in order to "guarantee steady supplies of the gasoline additive ...

Chevron buys in to biodiesel 3 years ago on Autoblog Green

Chevron announced Thursday it bought a 22 percent stake in a privately held Texas company that is building a biodiesel plant. The plant will be capable of delivering 100 million gallons of biodiesel a year when the facility is completed later this year. That 100 million gallon is probably a drop in ...

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